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FSA mobile recording compliance and the working holiday. It’s August and the City has that almost peaceful summer feel, as its workers migrate to hotter climes for their “Worlidays”. Worlidays, a name...
When thinking of the root causes of the recent financial crisis, clearly the unsustainable path of credit creation stands out as the central problem plaguing the financial sector. Due to the taming of...
Ever wish you could check your counterparty for ID at the door? A Legal Entity Identifier (LEI) could be a lot like that. Each LEI would be part of a worldwide information system for helping capital...
In the advent of the EXPP Summit, Bruno Koch from Billentis stated that more organisation plan penalties for paper invoices, or already charge extra for paper invoices. He asked whether this was an ap...
On July 8th 2011 the Bundesrat, the German upper house of parliament, denied approval of the changes adopted of the federal tax regulations already approved by the Bundestag (the lower house of Parlia...
The financial world is searching for ways onto a path of stable growth. However, there are challenges along the way. Trust among customers – both retail and corporate – has yet to be fully regained. T...
As part of President Obama’s “Campaign to Cut Waste” across the entire federal government all Treasury Bureaus must implement an e-invoice processing solution (IPP) by the end of 2012. In 2013 commer...
But we voted for their unbalanced and uninformed contributions to debate. 1 in 200 cheques bounces - these don't appear on the cheque fraud statistics because they may not have been forged or "co...
As part of a major overhauling to decrease their global the Greek government aims to save more than 3 billion Euro annually with e-invoicing. They also focus on reducing tax fraud and increasing tax e...
I think the move to charging certain people for use of other banks' ATMs is deplorable - and we have been here before, only to see it dropped. Some of us remember that the introduction of ATMs was dri...
Even though Spanish legislation is prone to change as from 1 January 2011 in the advent of the new EU E-invoicing directive, there is still room to take a look at the current legal situation. This art...
Transaction banking is now receiving the respect it deserves as a sustainable source of revenue and vital customer touch point. In fact, in 2009 global payments revenues were $900 billion – double tha...